Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
A DUTCH DAIRY veteran Henk Bles has been appointed to the newly-created role of managing director international farming ventures for an initial six-month period.
Bles has held leadership roles in the international dairy farming industry for more than 30 years, in dairy cattle, genetics and dairy development. He has also established his own businesses, Bles Dairies Livestock BV; Bles Dairies Genetics / Eurostar Genes; and dairy development company The Friesian.
He also holds an advisory position with Semex Global and is a board member for the Dutch Cattle Association.
Bles' appointment starts on April 14, for an initial six month period, with a global search underway for a permanent appointment.
This follows Fonterra's decision that the large scale farming operations of International Farming Ventures will become a standalone unit with full financial and operational accountability, reporting to the chief executive, Theo Spierings.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.
OPINION: Scientists claim to have found a new way to make a substitute for cow's milk that could have a…
OPINION: The Irish have come up with a novel way to measure cow belching, which is said to account for…